quiz_3_solutions

quiz_3_solutions - Name(please print Quiz 3 Inventory...

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Name: (please print) Quiz 3 Inventory Management BUAD311 – Operations Management Spring 2011 Time: 25 minutes There are 3 pages, including this page. All together the quiz has a maximum of 50 points. This is a closed-book closed-notes quiz. You are allowed to use one double-sided crib sheet (8.5x11). You may use a simple calculator. No laptops. No PDAs. No cell phones. You may receive partial credits unless otherwise noted. Show your work and write legibly. Do not be tempted to seek “inspiration” from a neighbor’s quiz. Poor scores can be overcome, but cheating will be dealt with harshly! Please sign here to indicate that you have adhered to university policies regarding ethical behavior in preparing for and completing this quiz. “I hereby certify that I have adhered to the university policies regarding ethical behavior in preparing for and completing this quiz.” 1
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1. [26 points] ExpoComp is a U. S. electronics firm that buys computer chips from a supplier in Taiwan. The cost of the computer chip is $80 per unit. The company incurs a fixed cost of $1000 per order to process the order, which includes obtaining import
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quiz_3_solutions - Name(please print Quiz 3 Inventory...

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